XML 48 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
New Jersey Mining Company Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue:        
Joint venture management fee income   $ 63   $ 139
Milling income $ 872,250   $ 1,263,370  
Total revenue 872,250 63 1,263,370 139
Costs and expenses:        
Milling 431,519 38,334 770,290 51,537
Exploration 46,069 75,967 93,126 160,535
Depreciation and amortization 53,267 15,508 102,187 30,034
Management 80,118 90,184 136,657 112,941
Professional services 58,882 44,028 119,658 125,890
General and administrative expenses 59,963 37,951 168,331 89,857
Total operating expenses 729,818 301,972 1,390,249 570,794
Operating income (loss) 142,432 (301,909) (126,879) (570,655)
Other (income) expense:        
Royalties and other income   (7,923)   (19,809)
Timber expense 2,175   2,225  
Interest income (1,229) (151) (2,700) (278)
Interest expense   810 11,638 12,430
Total other (income) expense 946 (7,264) 11,163 (7,657)
Income tax (provision) benefit 0 0 0 0
Net income (loss) 141,486 (294,645) (138,042) (562,998)
Net loss attributable to non-controlling interest 24,187   34,867  
Net income (loss) attributable to New Jersey Mining Company 165,673 (294,645) (103,175) (562,998)
Other comprehensive income (loss):        
Net income (loss) 141,486 (294,645) (138,042) (562,998)
Unrealized gain (loss) on marketable equity security   4,836   4,836
Comprehensive loss 141,486 (289,809) (138,142) (558,162)
Comprehensive loss attributable to non-controlling interest 24,187   34,867  
Comprehensive income (loss) attributable to New Jersey Mining Company $ 165,673 $ (289,809) $ (103,175) $ (558,162)
Net loss per common share-basic and diluted $ 0 $ 0 $ 0 $ 0.01
Weighted average common shares outstanding-basic and diluted 91,760,148 79,760,148 91,760,148 77,771,198